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<br />83_ 004480
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<br />MORTGAGE
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<br />......,
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<br />MORTGAGE LOAN NO. To:::14, 14 t
<br />KNOW ALL MEN BY 11IESE PRESENTS, That Meinhardt A. Flelllller and Colleen M. Flenner, eachin his
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<br />an.d. her own right and as sPQuse of each other, "'''''"tglqlOf; whether one or more, in COIISidention.of.the. .IUID.. of
<br />Fifteen Thousand and no/lOO------------------------------------ DOLLARS
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebtaska, MortgIgee, upon 150 sl1aresofstocl<of
<br />said ASSOCIATION, CertifJCllte No, L 24,141 , do hereby gmnt, con'le)' and mortgage unto the said ASSOCIATIONthefollowinx
<br />described real estate, situated in Hall County, Nebrnslca,
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<br />Lot Eight (8) in Capital Heights Sixth
<br />Subdivision, being a part of the Southwest
<br />Quarter (SW!() of section 'l\oX) (2) Township
<br />Eleven (11) North, Range Ten (10) West of
<br />the 6th P.M., in Hall County, Nebraska.
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<br />t"ll"tlter with an the tenements, hereditaments and appurtenances tltereunto belonging, including attached floor cowerings, all window screens,
<br />window shades, blinds, stonn windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto,pumps,stows.
<br />refrigerators, and other fixtures and equipment now or bereafter atlached to or used in connection witb said real estate.
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<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments Ievied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said PrenWes situated in the sum ofS 15,000.00 payahle to said ASSOCIATION and to demer to said
<br />ASSOCIATION the policies for...d insurance; and not to commit or permit any waste on or about said premises;
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<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets OYCl to the
<br />mortgagee an the rents, re..nues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall ha.. the power ro appoint any agent or agents il may desire for the ptIIJIOse of repairing said premises and renting
<br />the same and collecting .he rents, revenues and income, and it may pay oul of said income all expenses of repairing said premises and ncc:essary
<br />commissions and expenses incuned in renling and managing the same and of collecting rentals therefrom; the balance remaining, if any, to be
<br />applied loward tbe dischaIge of said mortgage indebtedness; these riglns of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temponuy waiver of the same,
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<br />These Presents, bm.....r. are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specifoed in the Bond secured hereby.. inleresl and principal on said loan, on or before
<br />the TWentielh day of each and every month, until said loan is fuDy paid; pay all taxes and assessments levied against said premises and on this Mortgage
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<br />and lhe Bond secured tbereby, before delinquen<.'Y; f uruish approved insur.tnce upon the buildings thereon in the sum of $ 15, 000 . 00 payable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by il paid for such taxes, assessments and insurance with interest at
<br />the maximum legal rate lhereon from date of payment an of which Mortgagor hereby agrees to pay; permit no waste on said premises;keep and comply
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<br />with aU lhe agreements and condilions of the Bond fur S 15 000.00 this day gi..n by the said Mortgagot to said ASSOCIATION, and comply
<br />with aU the requirements of tbe Conslilution and By-laws o{ said ASSOCIATION; then tbese presents shall become nuD and void, otherwise they
<br />shan remain in full folC<' and may be fore<:lose.! al .be option of the said ASSOCIATION afler failure for three months to make any of said
<br />payments 01 he three monlbs in arrears in making said monthly payments, o. 10 keep and comply with Ibe agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
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<br />If there is any c-hange in ownership of the real estale mortgaged herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br />secured shall, atlhe oplion of The Equitable Building and Loan Association of Grand bland, Nebraska, become immediately duc and payable without
<br />further notice, and the amouul remaining due under said bond, and any other bond for any additional ad_ made thereunder, shall, from the
<br />date of exercioe of said option, bear interest at the maximum legal rale, and this mortpge may then be foreclosed to satisfy the amount duc on said
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br />Ne\>sa.$b for insurance, laxes and assessments. and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />IepI rate.
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<br />As provided in the Bond secured Ilereby, while this mortgage remaios in effect the mortgagee may hereafter advance additional sums to the
<br />maltj;rS of said Bond, their assigns 01 successors in interest, which swns shall be within the security of this mortgage the same as the funds originally
<br />secured. thereby, the total amount of principal debt nut 10 exceed at any time the oritlinal amount of this mortgage,
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<br />A. D" 1953
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<br />STA:mOF.... NE. BRAS. KA. '.Ls.
<br />COUNTY OF HALL l
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<br />On this 24th
<br />
<br />day of
<br />
<br />August
<br />
<br />1983 ,before me,
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<br />the undenigned., a Notary Public in and for said County, personally came
<br />~~~. Fleamer and Colleen M. Flemner, each in his art~J:)r owriiJi~~ andpt~g~~f
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<br />.. to I" theitlcntit:al pef$OllS whose nameS are affIXed to the above ins\,wnent as giortgagor s and ~., severally
<br />aeknowle4aed the said inJtrutDent to be their roluntary act and deed. ' / /
<br />WITNESS my hand rod Notarial Seal thedateaforesaid. . / . /1'--
<br />I ~':::J /./ d ~,
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